Multiple Choice
Which of the following is a disadvantage of excessive inventory?
A) it creates an unnecessary waste of scarce resources.
B) It leads to higher inventory ordering cost.
C) It leads to lower average inventory.
D) It eliminates cycle stock.
E) It reduces the need to conduct cycle count.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: When both the demand and lead time
Q19: Figure 7-1<br>Use the graph below to answer
Q20: The optimal order quantity for the quantity
Q21: The continuous review inventory system requires less
Q22: Which one of the following statements regarding
Q24: Relaxing the instantaneous replenishment assumption of the
Q25: Which of the following cannot be considered
Q26: Radio Frequency Identification (RFID)is considered an eventual
Q27: Pareto Analysis is an inventory model used
Q28: The ABC inventory control system categorizes inventory